Question

11. Fill in the blanks:
10. I bought an old bicycle for 1,000/- and spent 200/- to repair it. If I had sold it at a
profit of 15% then the selling price is
11. Kumaran deposited 1,00,000 in a bank at 5% rate of simple interest (SI). After 5 years
the amount which he will get is
12. Vinoth bought a bike by borrowing a loan amount of 20,000/- from a bank at 10% of
SI. If he paid Rs 8,000 as interest while clearing the loan, time taken by him to clear the
loan is
years.
13. Raghavan borrowed 10,000 from Sriram to invest in his business. After 5
returned with Simple Interest of 2,000. Rate of interest paid by him is
​

Answer 1

Answer:

10. here,

C. P=Rs 1000+200=Rs1200

profit =15percent

Then, we have

S. P =C. P+profitpercent *C. P

=Rs1200+15/100*1200

=Rs1200+0.15*1200

Therefore :s.p=1380